London & Associated Properties (LON:LAS) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of London & Associated Properties Plc (LON:LASGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 8.27 ($0.11) and traded as high as GBX 8.50 ($0.11). London & Associated Properties shares last traded at GBX 8.10 ($0.11), with a volume of 5,204 shares.

London & Associated Properties Stock Performance

The firm has a market capitalization of £6.91 million, a PE ratio of -810.00 and a beta of 0.09. The company has a debt-to-equity ratio of 52.56, a quick ratio of 0.38 and a current ratio of 0.80. The business’s fifty day simple moving average is GBX 8.27 and its 200-day simple moving average is GBX 9.06.

About London & Associated Properties

(Get Free Report)

London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland.

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